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of clients are net long.
of clients are net short.
Long Short

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Wall Street
Mixed
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High
of clients are net long.
of clients are net short.
Long Short

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Low
High
of clients are net long.
of clients are net short.
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High
of clients are net long.
of clients are net short.
Long Short

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  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.22%, while traders in NZD/USD are at opposite extremes with 71.43%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/fu1Xj6AuYv
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  • The US Dollar has responded to long-term technical support but keeps the index within the confines of the September opening-range. Get your $USD technical analysis from @MBForex here: https://t.co/3etE4I4kEi https://t.co/dxgpYd9FLH
  • If the S&P 500 closes below 3,300, Monday will be significantly more interesting
Australian Dollar – Next Move is Key

Australian Dollar – Next Move is Key

2017-07-24 20:15:00
David Rodriguez, Head of Product
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Australian Dollar – Next Move is Key

Why and how do we use IG Client Sentiment in trading? See our guide and real-time data.

AUDUSD: Retail trader data shows 27.3% of traders are net-long with the ratio of traders short to long at 2.66 to 1. In fact, traders have remained net-short since Jun 04 when AUDUSD traded near 0.74387; price has moved 6.6% higher since then. The number of traders net-long is 14.1% higher than yesterday and 10.6% higher from last week, while the number of traders net-short is 2.5% higher than yesterday and 5.8% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUDUSD prices may continue to rise. Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current AUDUSD price trend may soon reverse lower despite the fact traders remain net-short.

See next article in this week’s report: S&P 500 - How Much Further can S&P 500 Go?

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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